Benzinga | Dec 7, 2021 02:45PM EST

View Enters Strategic Deal With RXR Realty On WorxWell Platform

* View Inc (NASDAQ:VIEW) entered a strategic agreement with RXR Realty to combine the WorxWell data analytics platform into its technology stack. Financial terms were not disclosed.

* WorxWell's data analytics platform integrates all building data, including occupancy, space usage, digital collaboration, work patterns, access control, air quality, temperature, and environmental factors, into a consolidated dashboard.

* RXR's WorxWell is currently deployed in 25 million square feet of office buildings.

* Acquiring WorxWell enables View to provide an integrated, end-to-end technology and product stack that seamlessly brings together software, sensors, and data from View and third parties, into a unified platform.

* Price Action: VIEW shares are trading higher by 13.1% at $4.58 on the last check Tuesday.